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Featured Insight
CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection. Real GDP refers to all goods and services produced by an economy in one year, that is adjusted for inflation or deflation. The years marked from 2023 to 2027 are estimates 'E' of the real GDP growth rate based off the CBSL and IMF. Over the estimated period between 2023 and 2027, the CBSL projects a 1.9% higher real GDP growth rate than the IMF displayed on the graph below.
Featured Insight
CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection. Real GDP refers to all goods and services produced by an economy in one year, that is adjusted for inflation or deflation. The years marked from 2023 to 2027 are estimates 'E' of the real GDP growth rate based off the CBSL and IMF. Over the estimated period between 2023 and 2027, the CBSL projects a 1.9% higher real GDP growth rate than the IMF displayed on the graph below.
Featured Insight
CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection. Real GDP refers to all goods and services produced by an economy in one year, that is adjusted for inflation or deflation. The years marked from 2023 to 2027 are estimates 'E' of the real GDP growth rate based off the CBSL and IMF. Over the estimated period between 2023 and 2027, the CBSL projects a 1.9% higher real GDP growth rate than the IMF displayed on the graph below.
Featured Insight
CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection. Real GDP refers to all goods and services produced by an economy in one year, that is adjusted for inflation or deflation. The years marked from 2023 to 2027 are estimates 'E' of the real GDP growth rate based off the CBSL and IMF. Over the estimated period between 2023 and 2027, the CBSL projects a 1.9% higher real GDP growth rate than the IMF displayed on the graph below.
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Inflation edges up marginally in April
The overall rate of inflation rose to 2.7% in April 2024, up from 2.5% in March 2024. Food inflation decreased to 3.3% in April 2024, down from 5.0% in March 2024.
2024-05-22
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நகர அபிவிருத்தி மற்றும் வீட்டுவசதி
Sri Lanka issues gazette hiking value added tax from June 01
Sri Lanka has raised value added tax to 12 percent from 8 percent with effect from June 01 through an extraordinary gazette published at midnight on May 31 as attempts are made to contain a runaway budget deficit engineered in 2019 by Keynes...
2022-06-01
EconomyNext
மேலும் வாசிக்க
World Bank rules out bridging finance to Sri Lanka until it gets its policy framework in order
The World Bank has ruled out bridging finance or new loan commitments to crisis-hit Sri Lanka until the nation’s economy sets up an adequate macroeconomic policy framework. However, the WB has said that it is reshuffling the already al...
2022-05-26
Island
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Debt restructuring teams likely to receive Cabinet nod this week
IMF expected to issue statement on progress of technical level talks with Sri Lanka shortly. The Central Bank said they have finalised the two sets of financial and legal advisors to negotiate with multiple creditors of Sri Lanka and th...
2022-05-23
Daily Mirror
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PM promises a new budget with capital expenditure reductions
Prime Minister Ranil Wickremesinghe who met yesterday with representatives from the Chambers of Commerce, the Treasury and Economic Advisers, said a new budget would be presented with proposals for the significant reduction of capital expend...
2022-05-23
Daily Mirror
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